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Sheikh Mohammed Chairs Cabinet Meeting to Approve Initiatives for UAE’s Future

New Programs Aim to Enhance Agriculture, Biodiversity, Economic Growth, and Global Cooperation in the Emirates

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Staff Writer, TLR

Published on October 9, 2024, 16:32:28

Highness Sheikh Mohammed bin Rashid Maktoum VicePresident Prime

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, and Ruler of Dubai, chaired a Cabinet meeting at Al Marmoom where several transformative initiatives were approved. These announcements are aimed at enhancing the UAE’s economy, society, and overall quality of life, further strengthening the country’s global standing.

The Cabinet meeting focused on a wide range of issues, from bolstering financial security to promoting local agriculture, and highlighted the UAE’s commitment to future-focused development. Below are the key initiatives discussed:

 

1. 'Plant the Emirates' Initiative

His Highness Sheikh Mohammed launched the "Plant the Emirates" program, aimed at increasing local agricultural production and developing sustainable farming practices across the UAE. In line with the legacy of the late Sheikh Zayed, this initiative includes tree planting, expanding the number of farms, and reducing agricultural waste.

The program will partner with institutions nationwide, including federal and local government bodies, private sector entities, and the community. Agricultural products will be showcased through events and exhibitions, and various student and public competitions will be organized to encourage involvement.

 

2. Biodiversity Sites Project

The Cabinet reviewed the progress of the Biodiversity Sites Project, which identified nine critical biodiversity locations in the UAE, including the Arabian Oryx Sanctuary in Umm Al Zamul and Marawah Marine Biosphere Reserve in Abu Dhabi. These sites, which protect species such as the Arabian Sand Gazelle and the Arabian Oryx, are now internationally recognized for their importance.

Moreover, the UAE became the first country in the Middle East to identify sites of global importance for dugongs and geckos. The project aims to increase the percentage of protected areas from around 37% to over 98%, reflecting the country’s commitment to biodiversity conservation.

 

3. Economic Achievements and Partnerships

Under the UAE Circular Economy Agenda 2031, local investments in infrastructure were supported, and regulations were introduced to manage waste between emirates. The Cabinet also enacted legislation regarding the trade of plastic and raw materials, promoting the use of recycled products in consumer goods. Regulations for biofuels, including using food waste oils as fuel, were also discussed.

In a significant move to bolster international trade, the Cabinet ratified the Comprehensive Economic Partnership Agreement (CEPA) with the Republic of Mauritius, enhancing long-term economic cooperation, increasing trade flows, and reducing tariffs on 97% of goods.

 

4. Restructuring to Combat Financial Crimes

His Highness Sheikh Mohammed and the Cabinet reaffirmed their commitment to fighting financial crime by endorsing the restructuring of the National Anti-Money Laundering, Combating the Financing of Terrorism, and Illegal Organisations Committee, now chaired by the Governor of the Central Bank of the UAE. This body will develop national strategies, assess risks, and enhance information exchange to safeguard the UAE's financial system.

Additionally, the Higher Committee for Consumer Protection was restructured to strengthen consumer rights, raise awareness, and ensure fair trade practices across the country.

 

5. International Agreements

In a landmark decision, the UAE approved its accession to the Antarctic Treaty of 1959, which promotes peaceful use and scientific cooperation in Antarctica. The UAE also became an observer in the Arctic Council, bolstering ties with Arctic nations.

Other international agreements included an extradition treaty with Sweden and the establishment of a Global Health Emergency Logistics Hub in collaboration with the World Health Organization. The UAE also signed multiple Memoranda of Understanding (MoUs) with countries such as North Macedonia, Russia, and the US, covering civil defense, financial cooperation, and renewable energy.

The country will also host five major international events, including the WeProtect Global Alliance Summit, which focuses on protecting children from online abuse, and the 28th Universal Postal Union Congress in 2025.

 

6. Other Key Announcements

His Highness Sheikh Mohammed announced the elevation of the National Award for Culture and Creativity to the Emirates Medal for Culture and Creativity, recognizing the importance of supporting cultural and creative efforts. Additionally, new resolutions were approved, including amendments to the Federal Law Concerning Medically Assisted Reproduction and the GCC Common Customs Law. A grace period was also granted for registered beneficiaries to update their tax records without penalties.

The meeting was attended by several key figures, including His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court; His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence; and Lt. General His Highness Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister, and Minister of the Interior.

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